you see that with obamacare as a shining example. i am not sure here his advisor said we would export to the eurozone, china, japan, eastern europe -- i am not sure they laid that out or even thought about that, at that is what you have to do, because everybody wants to export. nobody wants to import. >> that is true. >> unfortunately, that trends toward protectionism, which is the unfortunate implication. >> which is the opposite effect. >> exactly. >> great to see you. i got my honey. >> you are a honey. you get your honey. bloombergilling, our columnist. to read more of his columns go to bloomberg.com/view. ♪ >> first. bloomberg. >> you are watching "in the loop ," live on bloomberg television and streaming on your phone, tablet, and on bloomberg.com. . good morning. i am betty liu. the gray television is on the markets. equity futures right now are very -- bloomberg television is on the markets. equity futures right now are very little changed. we will have the kroger cfo in about 30 minutes. in the making,rs but the volker rul